Will Hidell's questions to Lisata Therapeutics Inc (LSTA) leadership • Q2 2025
Question
Will Hidell from Brookline Capital Markets inquired about the recent decrease in spending and the company's expectations for spending levels over the next year, given the extended cash runway.
Answer
President, CEO & Director David Mazzo explained that future spending levels will depend on the timing of the Phase 3 trial initiation and the results from the BOLSTER trial. He stated that if no new major trials are initiated, the company expects a modest decrease in spending as current clinical trials conclude.